Assistant Business Manager – Commercial Lending Cantonese and local experience are required for this role. Position Summary: To monitor designated business portfolio. To cultivate new business. To prepare credit proposals and periodic credit review reports.
To liaise with Risk Management Department during pre-approval stage on credit risk related matters. To work closely with Loan Support & Services Department during post-approval stage on loan documentation matters. To work closely with KYC team and Business Distribution and Service Department to onboard new borrowing customers. To develop business relationship with existing and prospective counterparties Position Accountabilities: Customer/ Counterparties To develop new business opportunity and contacts.
To build and maintain close business relationships with customers and counterparties to ensure compliance with the ‘know your customer’ requirement. To submit credit facility proposal in a timely manner to achieve completion timeline. To lead and execute transaction with good planning and time management skills and co-ordinate between internal and external stakeholders to bring the deals to completion. . To maximize team/bank performance.
To set challenging performance and development objectives for all reporting staff. Compliance & Risk Management To comply with all applicable regulations, rules, codes, guidelines and standards set by regulators and the Bank, and carry out duties with high integrity. To adhere to risk control guidelines, procedures and measures to identify, assess, report, mitigate and monitor the risks involved in the day-to-day work. Essential skills: University graduate Minimum of 5 years’ hands on experience in commercial lending business.
Credit experience, documentation experience in proposing and negotiating both internally and externally credit and covenant structures and loan documentation. Competency in financial analysis and credit structuring, understanding and applying credit policy, and credit monitoring and risk administration practices. Experience in people’s management. Comprehensive written and verbal communication skills.
Proficient with MS Word and Excel. Desirable skills: Proficient in Moody’s Analytics, S&P Capital IQ and/or Bloomberg an advantage. Knowledge in property valuation and syndication loans an advantage. Deep understanding of general banking law and regulation, deposit, loan and other financial products.